David Keyte has told the Hereford Times that he is very positive about a deal with investors.
"We had further discussions on Tuesday and it is all very positive," said the Hereford United chairman.
"We are in a position where we are just knocking off the various points of negotition.
"We need to have a budget to the Conference by May 30th.
"But the Conference are being kept fully informed about what are situation is.
"But the football year never stops.
"We need to be filling the managerial posts and signing players."
Meanwhile Keyte has told the Official Site that the deal will ensure debt levels of the club will reduce.
"The initial investment will clear the immediate debt.
"Long term debt in the form of loans will be reduced too.
"We've worked hard to ensure that this deal gives the club the best possible chance to progress."
He is also quoted as saying that the investment would mean an 'imminent cash injection and acquisation of a majority shareholding'.
Keyte also said that two payments have been made to players recently.
"The last two payments were made on Friday last week and Tuesday of this week."
Meanwhile Keyte has told the Official Site that the deal will ensure debt levels of the club will reduce.
"The initial investment will clear the immediate debt.
"Long term debt in the form of loans will be reduced too.
"We've worked hard to ensure that this deal gives the club the best possible chance to progress."
He is also quoted as saying that the investment would mean an 'imminent cash injection and acquisation of a majority shareholding'.
Keyte also said that two payments have been made to players recently.
"The last two payments were made on Friday last week and Tuesday of this week."